NORDIC AMERICAN TANKERS LTD (NAT) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:NAT - BMG657731060 - Common Stock
3.9 USD
+0.14 (+3.72%)
3.9 USD
0 (0%)
NAT gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 208 industry peers in the Oil, Gas & Consumable Fuels industry. NAT may be in some trouble as it scores bad on both profitability and health. NAT is valued expensive and it does not seem to be growing.
1. Profitability
1.1 Basic Checks
NAT had negative earnings in the past year.
NAT had positive earnings in 4 of the past 5 years.
NAT had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
NAT has a worse Return On Assets (0.21%) than 67.79% of its industry peers.
NAT has a Return On Equity of 0.41%. This is in the lower half of the industry: NAT underperforms 66.83% of its industry peers.
With a Return On Invested Capital value of 1.59%, NAT is not doing good in the industry: 71.15% of the companies in the same industry are doing better.
The Average Return On Invested Capital over the past 3 years for NAT is significantly below the industry average of 21.28%.
The 3 year average ROIC (8.03%) for NAT is well above the current ROIC(1.59%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.21% | ||
| ROE | 0.41% | ||
| ROIC | 1.59% |
ROA(3y)6.22%
ROA(5y)0.73%
ROE(3y)10.1%
ROE(5y)0.85%
ROIC(3y)8.03%
ROIC(5y)N/A
1.3 Margins
NAT has a worse Profit Margin (0.65%) than 65.87% of its industry peers.
NAT's Operating Margin of 5.87% is on the low side compared to the rest of the industry. NAT is outperformed by 62.98% of its industry peers.
NAT's Operating Margin has improved in the last couple of years.
NAT's Gross Margin of 35.29% is in line compared to the rest of the industry. NAT outperforms 45.19% of its industry peers.
NAT's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 5.87% | ||
| PM (TTM) | 0.65% | ||
| GM | 35.29% |
OM growth 3YN/A
OM growth 5Y16.99%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5Y6.11%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so NAT is destroying value.
NAT has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, NAT has more shares outstanding
NAT has a better debt/assets ratio than last year.
2.2 Solvency
NAT has a Debt/Equity ratio of 0.86. This is a neutral value indicating NAT is somewhat dependend on debt financing.
The Debt to Equity ratio of NAT (0.86) is worse than 65.87% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.86 | ||
| Debt/FCF | N/A | ||
| Altman-Z | N/A |
ROIC/WACC0.18
WACC9.07%
2.3 Liquidity
NAT has a Current Ratio of 1.95. This is a normal value and indicates that NAT is financially healthy and should not expect problems in meeting its short term obligations.
NAT has a better Current ratio (1.95) than 76.44% of its industry peers.
NAT has a Quick Ratio of 1.64. This is a normal value and indicates that NAT is financially healthy and should not expect problems in meeting its short term obligations.
NAT has a Quick ratio of 1.64. This is in the better half of the industry: NAT outperforms 75.48% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.95 | ||
| Quick Ratio | 1.64 |
3. Growth
3.1 Past
NAT shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -120.69%.
The Revenue for NAT has decreased by -19.77% in the past year. This is quite bad
Measured over the past years, NAT shows a small growth in Revenue. The Revenue has been growing by 1.97% on average per year.
EPS 1Y (TTM)-120.69%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-125%
Revenue 1Y (TTM)-19.77%
Revenue growth 3Y22.32%
Revenue growth 5Y1.97%
Sales Q2Q%-12.2%
3.2 Future
Based on estimates for the next years, NAT will show a very negative growth in Earnings Per Share. The EPS will decrease by -16.90% on average per year.
The Revenue is expected to decrease by -2.93% on average over the next years.
EPS Next Y-83.93%
EPS Next 2Y4.42%
EPS Next 3Y-16.9%
EPS Next 5YN/A
Revenue Next Year-16.59%
Revenue Next 2Y2.45%
Revenue Next 3Y-2.93%
Revenue Next 5YN/A
3.3 Evolution
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
NAT reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
With a Price/Forward Earnings ratio of 16.26, NAT is valued correctly.
The rest of the industry has a similar Price/Forward Earnings ratio as NAT.
NAT's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 23.70.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 16.26 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, NAT is valued a bit more expensive than 67.31% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 15.81 |
4.3 Compensation for Growth
A cheap valuation may be justified as NAT's earnings are expected to decrease with -16.90% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y4.42%
EPS Next 3Y-16.9%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 10.47%, NAT is a good candidate for dividend investing.
NAT's Dividend Yield is rather good when compared to the industry average which is at 3.96. NAT pays more dividend than 92.31% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 1.94, NAT pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 10.47% |
5.2 History
The dividend of NAT is nicely growing with an annual growth rate of 33.35%!
NAT has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)33.35%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
1313.26% of the earnings are spent on dividend by NAT. This is not a sustainable payout ratio.
NAT's earnings are declining while the Dividend Rate has been growing. This means the dividend growth is most likely not sustainable.
DP1313.26%
EPS Next 2Y4.42%
EPS Next 3Y-16.9%
3.9
+0.14 (+3.72%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners43.91%
Inst Owner Change0%
Ins Owners4.34%
Ins Owner ChangeN/A
Market Cap825.83M
Revenue(TTM)294.82M
Net Income(TTM)1.91M
Analysts76
Price Target3.93 (0.77%)
Short Float %7.31%
Short Ratio5.47
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 10.47% |
Yearly Dividend0.42
Dividend Growth(5Y)33.35%
DP1313.26%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-171.33%
Min EPS beat(2)-176.65%
Max EPS beat(2)-166.01%
EPS beat(4)0
Avg EPS beat(4)-146.26%
Min EPS beat(4)-176.65%
Max EPS beat(4)-72.24%
EPS beat(8)1
Avg EPS beat(8)-82.08%
EPS beat(12)2
Avg EPS beat(12)-56.74%
EPS beat(16)3
Avg EPS beat(16)-41.78%
Revenue beat(2)0
Avg Revenue beat(2)-23.51%
Min Revenue beat(2)-35.18%
Max Revenue beat(2)-11.85%
Revenue beat(4)0
Avg Revenue beat(4)-22.05%
Min Revenue beat(4)-35.18%
Max Revenue beat(4)-10.61%
Revenue beat(8)1
Avg Revenue beat(8)-15.54%
Revenue beat(12)5
Avg Revenue beat(12)7.48%
Revenue beat(16)6
Avg Revenue beat(16)30.27%
PT rev (1m)6.94%
PT rev (3m)6.94%
EPS NQ rev (1m)-20.93%
EPS NQ rev (3m)-7.06%
EPS NY rev (1m)-65.69%
EPS NY rev (3m)-56.52%
Revenue NQ rev (1m)-6.55%
Revenue NQ rev (3m)-1.41%
Revenue NY rev (1m)-5.19%
Revenue NY rev (3m)-5.01%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 16.26 | ||
| P/S | 2.8 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 1.79 | ||
| P/tB | 1.79 | ||
| EV/EBITDA | 15.81 |
EPS(TTM)-0.06
EYN/A
EPS(NY)0.24
Fwd EY6.15%
FCF(TTM)N/A
FCFYN/A
OCF(TTM)N/A
OCFYN/A
SpS1.39
BVpS2.18
TBVpS2.18
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.21% | ||
| ROE | 0.41% | ||
| ROCE | 2.02% | ||
| ROIC | 1.59% | ||
| ROICexc | 1.73% | ||
| ROICexgc | 1.73% | ||
| OM | 5.87% | ||
| PM (TTM) | 0.65% | ||
| GM | 35.29% | ||
| FCFM | N/A |
ROA(3y)6.22%
ROA(5y)0.73%
ROE(3y)10.1%
ROE(5y)0.85%
ROIC(3y)8.03%
ROIC(5y)N/A
ROICexc(3y)8.44%
ROICexc(5y)N/A
ROICexgc(3y)8.44%
ROICexgc(5y)N/A
ROCE(3y)10.17%
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5Y25.4%
ROICexc growth 3YN/A
ROICexc growth 5Y25.4%
OM growth 3YN/A
OM growth 5Y16.99%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5Y6.11%
F-ScoreN/A
Asset Turnover0.32
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.86 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 5.41 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.95 | ||
| Quick Ratio | 1.64 | ||
| Altman-Z | N/A |
F-ScoreN/A
WACC9.07%
ROIC/WACC0.18
Cap/Depr(3y)52.71%
Cap/Depr(5y)35.03%
Cap/Sales(3y)7.02%
Cap/Sales(5y)5.08%
Profit Quality(3y)153.87%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-120.69%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-125%
EPS Next Y-83.93%
EPS Next 2Y4.42%
EPS Next 3Y-16.9%
EPS Next 5YN/A
Revenue 1Y (TTM)-19.77%
Revenue growth 3Y22.32%
Revenue growth 5Y1.97%
Sales Q2Q%-12.2%
Revenue Next Year-16.59%
Revenue Next 2Y2.45%
Revenue Next 3Y-2.93%
Revenue Next 5YN/A
EBIT growth 1Y-81.34%
EBIT growth 3YN/A
EBIT growth 5Y19.29%
EBIT Next Year15.08%
EBIT Next 3Y11.2%
EBIT Next 5YN/A
FCF growth 1Y90.86%
FCF growth 3YN/A
FCF growth 5Y27.27%
OCF growth 1Y-8.09%
OCF growth 3YN/A
OCF growth 5Y26.16%
NORDIC AMERICAN TANKERS LTD / NAT FAQ
What is the fundamental rating for NAT stock?
ChartMill assigns a fundamental rating of 3 / 10 to NAT.
What is the valuation status of NORDIC AMERICAN TANKERS LTD (NAT) stock?
ChartMill assigns a valuation rating of 1 / 10 to NORDIC AMERICAN TANKERS LTD (NAT). This can be considered as Overvalued.
What is the profitability of NAT stock?
NORDIC AMERICAN TANKERS LTD (NAT) has a profitability rating of 3 / 10.
What is the financial health of NORDIC AMERICAN TANKERS LTD (NAT) stock?
The financial health rating of NORDIC AMERICAN TANKERS LTD (NAT) is 3 / 10.